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Over a year ago, I transferred funds from my previous employer's 401k plan directly to a conduit IRA (the check was payable to bank as custodian FBO me). Now I want to transfer the money to my new employer's 401k plan. The bank where I have my IRA says it is their policy to make the check payable to me, and that I must complete the rollover within 60 days; but my new employer says the check should be payable to them as trustee of the 401k plan FBO me. Is it okay if I have the check made payable to me?
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